Question-and-Answer Session
Operator
At this time if you would like to ask a question please press star one on your telephone keypad. Again, that’s star then the number one. Your first question comes from the line of Christeen Kim with Deutsche Bank.
Christeen Kim – Deutsche Bank
Hey, good morning, could you maybe talk a little bit about the demand side and what you’re seeing in terms of traffic and call center volume you know year over year and kind of versus your expectations.
Ken Myszka
Yeah, in the fourth quarter we saw actually on a same store basis, somewhat of a decline in calls in our call center in the market that we expected it to be based on the results we’ve had which is primarily in Florida and South Carolina where we had some issues as well as the capital district. The rest of the portfolio we had actually a little bit better call volumes and our closing rate in those areas was a little bit above what we anticipated. You know some improvement over the year before.
What I can say too is January gave us a little bit of cheerfulness if you will because comparing this January to last January on an in and out basis, we were far better than what we did in January of 07. So we’re cautiously optimistic that in particular in Florida we saw about flat with respect to the move ins but significantly less move outs than we’ve had in January of last year. So you would think the worst is behind us in that area anyway.
Christeen Kim – Deutsche Bank
I mean is that difference really attributable just to the change in Florida then? The next move outs or?
Ken Myszka
Yeah a big part of it was there. The rest of the markets that we’re in were pretty much in line with what we anticipated. We saw a little bit of, we don’t have a ton of stores in these markets in Tennessee and South Carolina, but we saw an improvement in those markets as well. But Florida because we have such a concentration of stores, that’s what we’re looking at and we felt pretty good about the results in that space if you will.
Christeen Kim – Deutsche Bank
And just in terms of your 08 guidance, you’re looking for a 3-3.5 Annaly growth, what are you looking for in terms of top line?
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